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5G Network Deployment To Commence January 2022 – Pantami

The Minister of Communication and Digital Economy,  Prof. Isa Pantami, on Thursday said that the deployment of the Five Generation (5G) network in the country would begin from in January 2022. The minister, who made the disclosure in Maiduguri at a Town Hall meeting organized to discuss the challenges  of power and telecommunications infrastructure vandalism […]

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World Bank Forecasts Below Pre-COVID-19 GDP Per Capital For Nigeria, 39 Others

The World Bank has predicted that Nigeria and 39 other countries’ Gross Domestic Product (GDP) per capital may not reach the pre-COVID-19 levels even by 2026, despite modest recoveries in most of the economies and analysts’ growth rates forecasts. The Breton Woods institution made the forecast in its new report titled ‘From Double Shock to […]

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COVID-19 Incentives: CAC Registers 245,000 SMEs At Zero Cost

The Corporate Affairs Commission (CAC) has registered more than 245,000 Small and Medium Enterprises businesses free of charge since the outbreak of the COVID-19 pandemic in the country. The Registrar-General, Alhaji Garba Abubakar, who gave this hint to the News Agency of Nigeria (NAN) in Abuja on Wednesday, said that the free registration of the […]

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NITDA Harps On Digital Entrepreneurship Benefits To Nigeria’s Economy

The Director General of National Information Technology Development Agency (NITDA), Mr. Kashifu Inuwa Abdullahi, on Wednesday described digital entrepreneurship as key to achieving sustainable growth of the nation’s digital economy. Abdullahi, who made the remark at a one-day action oriented round table/interface organised by Civil Society Groups for Good Governance with the theme ‘Maximizing Potentials […]

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Nigeria Records 0.35% Slide In Products’ Terms Of Trade In Q2

The National Bureau of Statistics (NBS) on Wednesday reported that  Nigeria’s All- products terms of trade (TOT) index decreased by 0.35 per in the second quarter (Q2) of the year. The official statistics producing agency attributed the marginally decline to drops in the prices of live animals, animal products, wood and articles of wood; wood […]

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World Bank’s 3rd Tax Conference Kicks Off Sept 30

The 3rd World Bank Tax Conference, co-organized with the TaxDev Centre, with the theme ‘New Tax Instruments’ has been scheduled to virtually hold from September 30 through October 1, this year. A notice by the Breton Woods institution indicated the conference would bring together leading researchers and policymakers to discuss recent research on new tax instruments, including, taxes on the […]

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U.S SEC Awards $11.5Mn To Two Whistleblowers

The U.S Securities and Exchange Commission (SEC) at the weekend announced awards of approximately $11.5 million to two whistleblowers whose information and assistance contributed to the success of an SEC enforcement action.   The first whistleblower received an award of nearly $7 million, while the second whistleblower received more than $4.5 million. The investments market […]

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SEC Nigeria Commences 100% Custody Requirement In CIS

The Securities and Exchange Commission (SEC) Nigeria has commenced the implementation of 100 percent custody requirement in the Collective Investment Schemes (CIS) sector as part of its initiatives to protect investors and deepen the capital market.   Director General of the SEC, Mr. Lamido Yuguda, who gave this hint during in an interview in Abuja, […]

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Danbatta, Ndiaye Hoist Senegal’s Flag At WATRA Secretariat

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta and the Ambassador of the Republic of Senegal to Nigeria, Babacar Matar Ndiaye, last Thursday jointly hoisted  the national flag Senegal at the Secretariat of West Africa Telecommunications Regulators Assembly (WATRA) during an event of historical significance in Maitama, Abuja […]

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Danbatta Harps On Female Digital Education Benefits To Family, Economy

The Executive Vice Chairman (EVC) of the Nigeria Communication Commission (NCC), Prof. Umar Danbatta, has stressed the need for digital training of women to uplift their socio-economic standards and bridge the gender gap among professionals in the country. The telecom industry chief, who made this remark recently in Lagos at the maiden edition of the […]